Home / Finance & Economy / Morocco aims to be the world’s leading producer of green hydrogen

Morocco aims to be the world’s leading producer of green hydrogen

Being the world’s leading producer and exporter of green hydrogen by 2030 is Morocco’s new ambition. The authorities unveiled their intention with strong arguments during the first edition of the World Summit on power to x (PtX), initiated by IRESEN and UM6P.

At the start of this Summit on December 1, in virtual form, the Director General of the Institute for Research in Solar Energy and New Energies (IRESEN), Badr Ikken indicated that “Morocco’s ambition is not only to become a regional industrial hub in green hydrogen, but also a technological hub in this field”.

An idea supported by his successor and co-organizer of the event, Hicham El Habti, president of the Mohammed VI Polytechnic University (UM6P). In the same vein, Ahmed Reda Chami, president of the Economic, Social and Environmental Council (CESE), stressed that “the term champion is not at all abusive because it is clearly for the country to move from the logic of a dependent consumer and concerned about his security of supply to that of a major player in the energy transition”.

In addition to being one of the five countries with the highest potential for the production and export of green molecules, methanol, hydrogen and ammonia, Morocco has the advantage of having an enviable geostrategic situation between Europe and Africa, without forgetting the solid industrial base it has, underlined Moulay Hafid Elalamy, Minister of Trade, Industry and the Green and Digital Economy. In addition, the two studies conducted on the topic of PtX in 2018, “showed that Morocco could capture at least 4% of the global green hydrogen market by 2030”, recalled Aziz Rabbah, the Minister of Energy, mines and the environment.

What about governance? The National Commission “is involved in several projects, including the development of a national hydrogen atlas, the establishment of the regulatory framework, the strengthening of training and research and the launch of pilot projects”, underlined Mr. Rabbah.

Check Also

The World Bank approves $ 450 million loan for Morocco

The World Bank (WB) approved a loan of $ 450 million in support of Morocco’s …

Leave a Reply